Economics · Labour Economics
What does the term 'Gig Economy' primarily refer to?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A strictly planned economy fully controlled and operated by the state
- 2A labor market characterized by short-term contract, freelance, or independent work✓
- 3An economy centered on agricultural cooperatives and seasonal contractual work
- 4An economy based on permanent government jobs
Correct answer
A labor market characterized by short-term contract, freelance, or independent work
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Labour Economics MCQs →Want more practice questions on Labour Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Labour Economics